FastJet Passenger Statistics for May 2013

RNS Number : 7235G

Fastjet PLC

11 June 2013

 



fastjet plc

("fastjet" or the "Company")

 11^th June 2013 

FastJet Passenger Statistics for May 2013

Ed Winter, Chief Executive Officer of fastjet, said:  "As reported earlier this month, we have seen real growth in passenger sales revenue in Tanzania.  fastjet Tanzania has taken in excess of $1.8 million revenues for the month, up approximately 50 per cent compared with the start of the year. Revenue per passenger has also increased by 62 per cent since the beginning of 2013.

On top of this, our sustained growth in both Angola and Ghana is particularly pleasing. Ghana continues to grow revenues (up 25 per cent year on year) and our Angolan operation has reported a 63 per cent increase in passenger numbers in the last five months.

Since the start of the year, we have grown the business substantially in the face of considerable challenges. Our prospects in each of our operations look very positive and our aim to become Africa's first low-cost carrier is well on its way to becoming a reality.         

Operational performance for the month, a key fastjet differentiator, remains excellent with a May achievement of 95 per cent of flights arriving within 15 minutes of schedule and no cancellations."

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All Operations ^{Note 1}

Month ending                                                   May 2013                    May 2012                           Change

Passengers ^{Note 2}                                               81,303                                 52,676                           54.3%

Rolling 12 months ending                            May 2013                    May 2012                           Change

Passengers ^{Note 2}                                               837,303                             570,966                          46.7%

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fastjet Operations ^{Note 4}

Month ending                                                   May 2013                    May 2012                            Change

Passengers ^{Note 2}                                               24,315                                   0                                         N/A

Load Factor ^{Note 3}                                               68%                                        0                                        N/A

Rolling 12 months ending                            May 2013              May 2012                                  Change

Passengers ^{Note 2}                                               168,523                                 0                                         N/A

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Notes:

1.    "All Operations" includes statistics for fastjet Tanzania, Fly540 Kenya, Fly 540 Ghana and Fly540 Angola.

2.    "Passengers" for 540 operationsare flown passengers and for fastjet operations are sold seats flown, in both cases excluding infants.  Fastjet bookings are generally non refundable whereas 540 bookings are in some circumstances refundable.

3.    "Load Factor" is the number of 'passengers" as a percentage of the number of available seats flown. 

4.    "fastjet Operations" includes only statistics for Fastjet Tanzania operations which commenced on 29^th November 2012

For media enquiries please contact:

UK media - Citigate Dewe Rogerson                                                       Tel: [phone]

Angharad Couch

Patrick Donovan

Chris Barrie

Eleni Menikou

Africa Media - Africa Practice                                                                     Tel: [phone]

Natalie Maule

Anna Riley

Joan Kiambati

Meg Muigai

Evelyn Njoroge

For investor enquiries please contact:

W.H. Ireland Ltd.                                                                                              Tel: [phone]

James Joyce

Nick Field

NOTES TO EDITORS

About fastjet plc

fastjet plc is quoted on the London Stock Exchange's AIM market. For more information see www.fastjet.com

 

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